DJ Parker Hannifin Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Parker Hannifin Corp. $(PH)$ slipped 4.10% to $666.97 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.71% to 6,013.13 and Dow Jones Industrial Average falling 1.69% to 43,428.02.
This was the stock's second consecutive day of losses.
Parker Hannifin Corp. closed 7.16% short of its 52-week high of $718.44, which the company achieved on January 31st.
The stock underperformed when compared to some of its competitors Friday, as $Danaher Corp(DHR-W)$. $(DHR)$ rose 1.10% to $210.23, Honeywell International Inc. $(HON)$ rose 0.28% to $211.94, and Eaton Corp. PLC $(ETN)$ fell 3.71% to $297.37.
Trading volume (846,166) eclipsed its 50-day average volume of 638,953.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2025.
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(END) Dow Jones Newswires
February 21, 2025 16:41 ET (21:41 GMT)
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